The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1887-10-23
FINANCE AND MINING
Review of the Business of the
Week Past.
ORE AND BULLION OUTPUT.
Ore Buyers - Money Easy
Freight Matters-General

There was considerable disagreement
among the merchants yesterday as to
the state of business during the week,
1t being quoted all the way from slow to
booming. Taking all in all, there is
no doubt that it was prosperous week,
and one that should be satisfactory to
the merchants generally.
There have been a few real estate
moves, but whatever their significance
the dealers have but little to say. They
sill claim that real estate owners are
holding their property at too high a
figure, and say that were the prices
placed upon it more reasonable more
sales could easily be made.
The inquiry froupabroad is developing
into mammoth proportions, and there is
scarcely day but letters come to the
Chamber of Commerce asking informa-
ton as to the industries and
resources of Utah, and the points
at which it would be best to
locate. The idea that a great future
awaits Salt Lake and its immediate vi
and one that grows stronger as time
rolls on, and the doings of the railway
people commence to unfold. The
boom will strike US before we are fairly
prepared for it, unless we are up and
doing.
The movements in the potato market
are assuming vast proportions. 1t is es-
timated by those who are competent to
say that not less than twenty-five car
loads of the Utah tubers are shipped
each day from this Territory, the prices
paid range from 27H to SOC. One trans
action of 1000 bushels was recorded
during the week, the purchaser being a
Utah man; 2THc. was paid. Although
the crop is much larger than usual,
there is liable to be scarcity in the
pota to market before next spring, and
several Salt Lake spectators are lay
ing in a good supply with the idea
of disposing of them in a few
months at q great advance over the
price paid. Yesterday the price was 36c. |
sacked on board.
One of the topics discussed during |
the week just closed, and one that has |
been very freely ventilated among ore
buyers and ore-consumers, is the for
of the U tab Ore-Producers' As |
oOOloIAOAf ShO AAoSuooNOA AcRS bahCh q |
wide range, and the buyers |
and sellers are wide apart in |
their views. The ore buyers claim it
cannot affect them to any extent. be
cause they are paying and always have
paid fair and honest price for ores;
and on the other hand the ore-pro-
ducers deny this, claiming that secret |
has made it impossible Tor
them to receive Just compensation for
the products of their mines. Some 60
so far as to say that beneficial effect
has already been felt, and that better
prices have been offered than ever be-
fore. Which of the two statements is
based on the truth time will have to
tell.
In freight circles, there is little to be
cleaned as to the result of Mr.. Potter's
visit. There appears, however, to be a
feeling of satisfaction among these most
interested. A Salt Lake &
Western official is reported as saying:
at has done one thing for Us = it has
cut down our rate on ore from Tintic,
BY which We haul at 81 a ton less than
we did BEFORE"
The stock market has been in quies-
cent state; the purchasers were lew and
these not at all anxious. Whatever
were made public are given
below.
q. c. NJ. I. is still held at $40, but no
transactions we're recorded during the |
week.
Monsy-EAsy, and 10.